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Gold buying is a daily habit in many parts of Gujarat, especially in Ahmedabad, Surat, Rajkot, Vadodara and Jamnagar. On 2 December 2025, gold prices across the state stayed stable, with slight variations based on location, purity, and market demand. Below is a complete city-wise and market-wise update for the most trusted gold hubs such as Manek Chowk, C.G. Road, Law Garden, Varachha Road, Ghod Dod Road, Soni Bazar, M.G. Road, Mandvi, Dhan Mandi, and Chandi Bazaar.
Overall State Trend
Gold rates across Gujarat remain influenced by international spot prices and domestic bullion market movements. Retail jewellery prices may vary due to making charges, hallmarking, and design costs.
Below values are approximate bullion market rates. Jewellery showrooms may apply extra charges.
Ahmedabad – Manek Chowk (Wholesale Market)
Ahmedabad – C.G. Road / Law Garden
Surat – Varachha Road / Ghod Dod Road
Rajkot – Soni Bazar
Vadodara – M.G. Road / Mandvi
Jamnagar – Dhan Mandi / Chandi Bazaar
Even within Gujarat, gold prices differ slightly because of:
Wholesale markets like Manek Chowk and Soni Bazar often offer lower base rates compared to premium retail streets such as C.G. Road or Ghod Dod Road.
To help jewellers, bullion traders, and accounting professionals, here is a simple way to record and use daily gold rates inside Tally Prime.
This becomes your Gold Rate Master.
Now you can store different gold rates for each market.
Example:
When creating a sale:
This gives you an accurate gold jewellery invoice.
Every day you can:
This helps jewellers track:
1. Do all jewellers in Gujarat follow the same gold rate?
No. Base bullion rates are similar, but final prices vary due to making charges and showroom premiums.
2. Are Manek Chowk and Soni Bazar cheaper than other markets?
Yes. These are wholesale jewellery clusters where rates can be slightly lower than premium urban showrooms.
3. How often should I update gold rates in Tally Prime?
Daily. Gold rates can change every few hours based on market fluctuations.
4. Can I maintain separate rates for 22K and 24K in Tally?
Yes. Create separate stock items and assign price levels for each purity.
5. How do I add making charges in invoices?
Create a Making Charges ledger under Indirect Incomes/Expenses, and add it during sales.
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